Deutsche Bank Maintains Buy on Azul, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Michael Linenberg maintains a Buy rating on Azul (NYSE:AZUL) but lowers the price target from $8 to $6.

August 13, 2024 | 1:10 pm
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NEUTRAL IMPACT
Deutsche Bank analyst Michael Linenberg maintains a Buy rating on Azul but lowers the price target from $8 to $6.
The maintained Buy rating suggests continued confidence in Azul's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100